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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Jun 09, 1939
Page
13
Cotton futures eased at the open but gained ground in late trading to close four points higher. July 9.32 a bid 9.50 high. October 8.52 bid 8.53 high. December 8.30 bid 8.31 high. Spot market dull with low middling 10.05 and middling at 9.58 cents for today across southern markets.
New York June 9 erratic cotton futures moved unevenly as early foreign buying lifted prices before overseas market close softened demand. Midday quotes showed July down 1 to 0.20, May down 4 to 7.96, with closes from 1 to 6 points higher.
In Liverpool on June cotton trade showed 0.000 bales with 1,990 American amid modest spot business. Quotations drifted lower by 14 points and futures closed 1 point lower with July at 5 08 and later months around 4.50 to 4.58.
New Orleans dealers report cottonseed oil closing steady with prime summer yellow 650 nominal and prime crude 5.25 to 5.62. Market shown bids for July 61 percent, Sept 62, Oct 63.4, Dec .45, Jan 64.8 with bids referenced.
New York June 9 futures for bleach able cottonseed rose 4 to 7 points with 154 contracts traded. July at 6640, September 6483, October 687, December 696, January 7. Bad quotes indicate trading irregularities.
Chicago reports mixed potato market with U S shipments at 1 334 and new stock modest. Prices for washed and unwashed stocks vary by region from 1 78 to 2 10 per cwt with decay and dirt noted in several lots including Bliss and Idaho Russet Burbanks. Old stock shows stronger demand though supplies are light in some areas.
In New York on June 9 raw sugar trading picked up with spot and prompt shipment Cubas and Philippines at 2.85 cents. Refined sugar quoted 4.30 to 4.50 cents after a 10 point cut by a refiner. Domestic futures held steady mid afternoon amid hedging and liquidation. July at 1.90 and September 1.95. World futures largely idle. July closed 1.90 bid, Sept 1.95 bid, Jan 1.97 bid.
In Chicago on June 9, hogs sold mostly steady to 10 lower with top at 6.85 and good 180 to 240 lb at 6.45. 250 to 280 lb mostly 6.10 to 6.45. 290 to 320 lb around 5.75 to 6.00. Packing sows 5.00 to 5.50, cows 4.50 to 5.00. Cattle salable 500, calves 200, steers and yearlings scarce, vealers 8.75 to 9.25. Sheep 500, best native lambs 9.25 to 9.50, other lambs 7.65 to 7.90, ewes 3.00 to 3.25, heavies down to 2.00.
Chicago June 9 report shows hen prices steady and chickens easy with Leghorn broilers under two pounds at 14 1 2 cents per pound and two pounds up to 1 2. Plymouth Rock spring at 24 and White Rock 25. Plymouth Rock hens 20 and White Rock 21. Geese at 10. Other prices unchanged.
New York stocks firm while industrials end brisk rally. Bonds rise and rails utilities pace upturn. Curb market improves with strong specialties. Foreign exchange steady. Shanghai dollar nervy. Commodities mixed with cotton uneven. sugar steady. coffee higher on speculative buying. Chicago Wheat lower with good Canadian prospects. corn down. cattle and hogs mostly steady.
Financial markets saw a brisk rally with most leaders up fractions to over two points after a slow start. Trading volume approached 890 000 shares as optimism on prospective business gains and a motor industry pickup supported equities while bonds and rubbers led gains and grain lagged.
The shooting of police officer Wilhelm Kniest in Kladno triggers strict measures in Bohemia Moravia. German authorities, led by Reich protector von Neurath, impose curfews as the Czech government meets with President Hacha to weigh the ultimatum and potential martial law.
Chicago markets report fractional wheat declines today as Liverpool quotations fall to season lows. Australian shipments weak British market and Canada crop optimism limit losses. wheat and corn prices retreat across contract months with July and September lines showing mixed lower figures.
Butter receipts totaled 54 479 pounds with 89 score creamery at 223 4 remaining unchanged and 221 4. other prices steady. Eggs receipts 34 056 with current receipts 14 and other prices unchanged in Chicago trading.
The article advises drying and cleaning woolen items before storage and keeping them in moth proof boxes or closets. It notes an occasional summer airing helps, as moths avoid sunlight. It also mentions oak trees produce new hybrids with about 300 distinct species recognized by botanists.
Foreign Minister Georges Bonnet pledged France would fight for Poland while noting Britain and France already assured aid. Paris ordered 14 new warships, including four 3,000 ton destroyers and six 1,000 ton destroyers plus four mine sweepers. Britain, Poland, Romania, Greece, and Turkey mutual aid pacts were discussed as Danzig and German demonstrations drew reports. Between 10,000 and 15,000 Jews were rounded up and moved toward the Polish border.
Classified section outlines rates 12 cents per line for repetitions and 45 cent minimum charge. Alphabetical groupings include Lost notices, employment, real estate, automobiles, services, and more with closing time and payment terms. Includes phone orders and accommodation accounts, no refunds for short runs.
The News Star Morning World urges readers to call 4800 to report found items and notes an accurate index of recent ads helps locate owners. Advertisers receive free listings in the Losers' Service Bureau to aid recovery of lost articles.
Reports from Berlin indicate growing German Jewish emigration pressures as Poland plans wholesale deportations and East Prussia Jews face June 20 deadlines. Authorities urge exit or risk reentry to camps, with 11 000 Jews in East Prussia cited. Police recall for camp detention if remaining.
Monroe police investigate the theft of a black and white LaSalle bicycle from Robert Burford on the Ouachita parish school ground in West Monroe yesterday.
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